Index opens with gap and bulls stretch their arms for another day, and made days high that is 22193.

Index has formed green body shaven bottom candle on daily chart, which indicates todays open and low are same and buyers were buying from starting of the day.

Candle is above 9 days Moving Average line on daily chart. Index has broken the resistance of 22115 level so, further resistance can be 22381 level with support of 22028 level.

Today’s Advance Decline ratio of NIFTY50
Advance - 22
Decline - 27

FII Buy + 2170.32 crore
DII Buy + 1197.61 crore.

⚠️ Important: Always maintain your Risk & Reward Ratio.

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